24 Feb 2022 14:30

Emotional market response predictable, situation to level off shortly - Peskov

MOSCOW. Feb 24 (Interfax) - The Russian leadership has been expecting an emotional market response to the military operation in Donbas but believes that the situation will level off in the near future, Kremlin spokesman Dmitry Peskov said.

"Yes, this is an unavoidable emotional reaction but we have no doubt that it will level off and will be calmer and more reasonable in the near future," Peskov said at a press briefing on Thursday.

The situation in the financial sector had been anticipated, and everything has been done to reduce the period of emotional reaction to minimum, he said.

"Contingency plans have been put into place, and so on and so forth," Peskov said.